Built by Traders, for Traders
Ross Givens
Stock Trader & Educator
Built by Traders, for Traders
Ross Givens
Stock Trader & Educator
Following a big drop last Friday, the bears returned on Monday morning to push stocks further to the downside. With that, the Nasdaq 100 (NQ) is back under the June lows and could be threatening to make another big drop. However, the market formed a low price last week and is showing signs of having …
The post Which Way Will the NQ Range Break? appeared first on….
After huge up-days last Monday and Tuesday, stocks got clobbered on Friday, erasing nearly all of the gains from earlier in the week. Even back-to-back 90% up-volume days (something that would be hugely bullish any other time) was not enough to keep the bears at bay. Until we see a consistent and meaningful advance in …
The post Watchlist Update: Staying Focused on the Short Side appeared first….
The bulls are fighting back against the bears as the new week begins… After closing below the June lows last Friday, the Nasdaq 100 (NQ) futures market is bouncing back today by 1.6%. Stocks are up across the board, but it’s important to remember that this market is still firmly in a down trend. Therefore, …
The post Bulls Fight Back, But Bearish Trend Remains appeared first on….
The S&P 500 (ES) futures market had a big win yesterday, gaining almost 2% to fend off the bears at the June lows. However, the daily time frame remains in a down channel, and we are still looking for selling ideas. If we see the current bounce continue towards the top of the channel, that’s …
The post Time to Sell the Rip in ES? appeared first on….
As traders, it’s important to remember that we cannot control the market. The market has a mind of its own, and it’s never going to do exactly what we expect it to. The only thing we can really do is go with the flow of what we’re seeing and react to it as best as …
The post Is This the Next Destination for the Market? appeared first….
Forget the Magnificent 7 – these 3 stocks are poised for HUGE moves in the next leg of the AI boom. Wall Street veteran Ross Givens just revealed the details…
Market Breadth Points to Lower Lows Ahead
One of the main reasons I am expecting lower lows is that the internals of the major indexes are still very weak.
The post Market Breadth Points to Lower Lows Ahead appeared first on Stock Surge Daily.
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